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Trump administration has plan to scrap ‘startup visa’ rule

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Re: Trump administration has plan to scrap ‘startup visa’ rule

#111

Earlier quoted context omitted.

What, exactly, do landlords contribute to society? Their assets ARE their value. Frankly, my landlord could die and the only people who would care would be the banks. All money means is that you convinced someone else to give you money at some point in life.

>What, exactly, do landlords contribute to society? Efficient allocation of resources to property development. Although that's just a technical distinction, you can get rid of it by separating out the improved vs unimproved value of land (the former is much less problematic than the latter). >All money means is that you convinced someone else to give you money at some point in life. Presumably, the convincing is beca…

So—this means the value of a landlord is directly proportional to the minimization of their profits.

Unfortunately, that's also more than you can expect from humans who know they can charge more and find tenants.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#112
post #81

Earlier quoted context omitted.

Mass + New York + Canada + Seattle + Oregon + Cali will form the nation of America 2.0. Open borders to all US citizens. The rest of the US can mine coal, frack, or whatever they want to do. They think that's where the jobs are. Doesn't matter to us. We'll just speed up the electric, self-driving, car revolution with China and continue working on climate change rules and a global economy with Europe.

Who do you think actually puts the food you eat on the table? Will you eat your self-driving cars?

California actually: http://www.slate.com/articles/health_and_science/explainer/2...

Re: Trump administration has plan to scrap ‘startup visa’ rule

#113

Earlier quoted context omitted.

That's just trading one problem for another. Vancouver has a very serious affordability problem. Not only are you going to be paying a lot more for office and living space, you're going to have far fewer opportunities for funding.

Is Vancouver more expensive than Seattle?

Yep.

This video tour takes you through a $980k USD condo in downtown Vancouver:

https://www.youtube.com/watch?v=0j3SChqp51Y

Please note that the shoddy construction is not an outlier, it's normal in Vancouver.

Whereas this much nicer condo in downtown Seattle a 5 minute walk from Pike Place Market is a relative bargain at $810k USD:

https://www.zillow.com/homedetails/1519-3rd-Ave-APT-204-Seat...

Re: Trump administration has plan to scrap ‘startup visa’ rule

#114
post #102

I asked this very question on HN in November 2016: will the "startup visa" survive? Commenters thought that Trump wouldn't interfere with it: https://news.ycombinator.com/item?id=12931943 This is a solid reminder that the Trump administration is showing itself to be mostly concerned with undoing anything that Obama did, rather than working for anyone's benefit. You can't apply logic to predict the actions of these pe…

Why do people seriously believe that presidential administrations are motivated by petty childishness? Do people really believe it to be possible that someone incompetent could make it as far as the presidency?

There's far more going on that we are unaware of, be it malice or good intentions, thus it is absurd to believe that our leaders are man children. We are too far removed from primary sources to know the truth.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#115
post #102

I asked this very question on HN in November 2016: will the "startup visa" survive? Commenters thought that Trump wouldn't interfere with it: https://news.ycombinator.com/item?id=12931943 This is a solid reminder that the Trump administration is showing itself to be mostly concerned with undoing anything that Obama did, rather than working for anyone's benefit. You can't apply logic to predict the actions of these pe…

I'm not an American but as an outsider it's so odd to see the anti-Obama stance this government is taking. Look at the US economy coming out of 2008. From my perspective it's done quite well. Unemployment has gone from 10% to 4%, GDP has climbed. S&P and US stocks in general have done exceptionally well. It seems like whatever Obama did was working. Do the Republicans think they can do better? Why not just ride their coat tails to glory?

Re: Trump administration has plan to scrap ‘startup visa’ rule

#116

Earning a lot of money is a pretty damn good proxy for contributing to society. At the very least these people pay some taxes instead of being a drain on society.

What, exactly, do landlords contribute to society? Their assets ARE their value. Frankly, my landlord could die and the only people who would care would be the banks. All money means is that you convinced someone else to give you money at some point in life.

If we look at the real estate visas (i.e. "invest 500k and get a visa") then what happens is that someone brings in 500k from outside and gives it to an american so that they get the real estate. That'a simple 500k upfront gain to the local economy.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#117
post #114
post #102

I asked this very question on HN in November 2016: will the "startup visa" survive? Commenters thought that Trump wouldn't interfere with it: https://news.ycombinator.com/item?id=12931943 This is a solid reminder that the Trump administration is showing itself to be mostly concerned with undoing anything that Obama did, rather than working for anyone's benefit. You can't apply logic to predict the actions of these pe…

Why do people seriously believe that presidential administrations are motivated by petty childishness? Do people really believe it to be possible that someone incompetent could make it as far as the presidency? There's far more going on that we are unaware of, be it malice or good intentions, thus it is absurd to believe that our leaders are man children. We are too far removed from primary sources to know the truth.

Trump handed Merkel a fake invoice for the amount of money Germany owed NATO. At what level of government is that a good idea?

Re: Trump administration has plan to scrap ‘startup visa’ rule

#118
post #81

Earlier quoted context omitted.

Mass + New York + Canada + Seattle + Oregon + Cali will form the nation of America 2.0. Open borders to all US citizens. The rest of the US can mine coal, frack, or whatever they want to do. They think that's where the jobs are. Doesn't matter to us. We'll just speed up the electric, self-driving, car revolution with China and continue working on climate change rules and a global economy with Europe.

Who do you think actually puts the food you eat on the table? Will you eat your self-driving cars?

Not sure if the parent comment was being serious to be honest. If not, then, well, they are very tragic.

A sizeable portion of HN users are technical middle class citizens and seem on the face of it often highly separated from the working class, who they mine the metals for their self-driving car batteries and fold their $12 burrito, and drive their Ubers (for now).

Having said that a lot of HN is very modest and objective, so you bad sorts like parent comment and good sorts...like anywhere.

/rant

Re: Trump administration has plan to scrap ‘startup visa’ rule

#119

Earlier quoted context omitted.

>What, exactly, do landlords contribute to society? Efficient allocation of resources to property development. Although that's just a technical distinction, you can get rid of it by separating out the improved vs unimproved value of land (the former is much less problematic than the latter). >All money means is that you convinced someone else to give you money at some point in life. Presumably, the convincing is beca…

So—this means the value of a landlord is directly proportional to the minimization of their profits. Unfortunately, that's also more than you can expect from humans who know they can charge more and find tenants.

Yeah, that's how capital markets work in general. If you can charge more and still find a tenant, you're replacing low-value land use with higher-value land use. This is particularly true in commercial real estate. Though that's kind of a side issue to my original point: the excess profits attracts and incentivizes similar investment, which increases the cost of investment, which lowers profit down to the general waterline of the economy.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#120
post #99

Unfortunately, the immigration policies of most countries in the world are one huge stupid joke. Why so much obsession about the country where people were born into? It wasn't their choice at all. It just doesn't matter. The only questions you should be asking are "are they decent people? Are they willing to integrate? Will they contribute to our economy? Will they make us problems?" And none of these questions you c…

This is essentially Australia's system, lauded for it's rather strict and rigorous "points"-based immigration system. If you don't meet enough "we want you as a citizen" points, you're simply denied. Contrast that to somewhere like the US where there are many very game-able methods of entry, like the utterly shambolic H1-B visa.

Their point system is set really very, very high and costs much more money than most people can ever save (try saving 5-10 thousands when your monthly salary is some 200 US$ and you have to live off it). I'm pretty sure that some 95% of Australians would never pass it if they were born in a different country. (Long live the privilege of birth!)
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